3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for The Charles Schwab Corp
Our trading algorithm values The Charles Schwab Corp (SCHW) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $68.98 |
| 60 Day Prediction | $71.69 |
| 60 Day Pred - Lower Bound | $67.05 |
| 60 Day Pred - Upper Bound | $76.32 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.066 * nr_days_in_the_future + 69.715
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
SCHW traded at $68.98 this Sunday October 16th, loosing $-2.73 or -3.96 percent since last week.
Looking back, over the last month, SCHW has been loosing $-4.37 or -6.34 percent.
Over the last year, it has been loosing $-12.61 or -18.28 percent.
Seasonality of The Charles Schwab Corp
Using our AI model, we have been analyzing the value change for The Charles Schwab Corp depending on the day or month of a year. This can be seen in the following graph:
